Post by
remedy on Jan 13, 2022 2:44pm
All bids must be submitted
Final day for bids, tomorrow.
I am thinking, if any hope for shareholders, I see a consortium of final ownership with NGD being involved.
R
Comment by
remedy on Jan 13, 2022 3:47pm
Why I believe? NGD 's initial 20+ million was just an initial investment. They saw a fractured company with great potential. I am sure ther plan was to move up their inv. by getting rid of the sharks. They see the potential or even get involved, They were shown all the data incl. financials. So Why even get involved, even though the new the RISK.
Comment by
Pknagg on Jan 14, 2022 11:10am
Well they already paid 15 cents for 10% (NG) so why not? They have the cash and with inflation taking hold someone will need the gold!!
Comment by
Homestone on Jan 14, 2022 2:28pm
New gold's investment was 155 million shares @ 16 cents for gross proceeds of 24.8 million dollars.14.9 percent of the company.
Comment by
Pknagg on Jan 14, 2022 2:38pm
Sorry, things were even more expensive for higher percentage then and basics of the operation are , or should be, if anything better.